Business

Els: MBN360 Extractives/Energy Ghana Gold Minerals The newly implemented sliding-scale royalty regime by the Government of Ghana which pegs royalties between 5%-12% rates, immediately distinguishes the nation as having the highest fiscal burden for extractive operators in Africa particularly at the 12% highest rate. Transitioning from a long-standing flat rate of 5%, this price-indexed model […]

Els: MBN360 Extractives/Energy inister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, has officially instructed the Minerals Commission to execute the necessary regulatory transitions to hand over the Damang Mining Lease to Engineers and Planners Ltd (E&P). This directive follows the formal submission and government upholds of the Tender Committee’s report, which identified E&P as the successful bidder […]

Els: MBN360 Agribusiness The perennial challenge of Ghana’s rice self-sufficiency has moved from a matter of agricultural policy to a high-stakes economic emergency as the Competitive African Rice Platform (CARP) Ghana launched a decisive three-year project aimed at dismantling the structural barriers that keep local rice from competing with cheaper, often lower-quality imports Funded by […]

Els: MBN360 News The Accra Metropolitan Assembly (AMA) has announced that no trading activities will be permitted on the Kaneshie footbridge once planned rehabilitation works are completed. Speaking on Breakfast Daily on Channel One TV on April 6, Gilbert Nii Ankrah, Head of Public Affairs at AMA, confirmed the Assembly’s plans to permanently remove traders […]

Els: MBN360 News A total of 100 newly procured 29-seater buses have arrived in Ghana as part of government efforts to address ongoing road transport challenges. The buses are the first batch of a planned 300 vehicles intended to improve public transportation and ease commuting difficulties across the country. The Minister for Government Communications, Felix […]

Els: MBN360 Extractives/Energy Benjamin Boakye, the Executive Director of the Africa Centre for Energy Policy (ACEP), has raised a red flag regarding the potential risks of abolishing the GHS1 fuel levy, cautioning that such a move could jeopardize the hard-won stability of Ghana’s power sector. While acknowledging the intense pressure on businesses and the general public […]

Els: MBN360 Business Patrick Stephenson, the Country Manager for the Natural Resource Governance Institute (NRGI), has warned that persistent delays and systemic inefficiencies in the disbursement of mineral royalties to mining host communities are severely undermining public trust. Patrick Stephenson noted that these bottlenecks are not merely administrative hurdles but are actively weakening the efficacy of development interventions […]

Els: MBN360 Business The Ministry of Trade, Agribusiness and Industry has announced that the planned increase in sachet water prices will not take effect as earlier scheduled, following engagements with industry players. In a press release issued on Monday, April 6, the Ministry commended the Ghana Plastic Manufacturers Association (GPMA) and the National Association of […]

Els: MBN360 Agribusiness A complex geopolitical and trade dispute in the Nigerian border town of Samia, Kebbi State, has triggered an immediate threat to Ghana’s vegetable supply chain, as dozens of Ghanaian trucks transporting onions from the Republic of Niger remain detained by suspected armed groups. This marks a sharp escalation from a localized market […]

Els: MBN360 Economy Ghana’s economy is expected to remain resilient despite rising geopolitical tensions in the Middle East, with Fitch Solutions projecting that the country will largely be insulated from the fallout of the ongoing US–Iran conflict. The outlook is underpinned by strong gold prices, rising production levels and a stable external position, all of which […]